Bayerische Motoren Werke AG (BMW) Given a €83.00 Price Target by Berenberg Bank Analysts
Bayerische Motoren Werke AG (ETR:BMW) received a €83.00 ($89.25) price objective from Berenberg Bank in a research note issued to investors on Tuesday. The brokerage currently has a “neutral” rating on the stock.
Several other brokerages also recently issued reports on BMW. Warburg Research set a €115.00 ($123.66) price target on Bayerische Motoren Werke AG and gave the stock a “buy” rating in a report on Tuesday, August 2nd. Goldman Sachs Group Inc. set a €85.00 ($91.40) price target on Bayerische Motoren Werke AG and gave the stock a “neutral” rating in a report on Friday, August 19th. Commerzbank AG set a €90.00 ($96.77) price target on Bayerische Motoren Werke AG and gave the stock a “neutral” rating in a report on Tuesday, July 26th. BNP Paribas set a €70.00 ($75.27) price target on Bayerische Motoren Werke AG and gave the stock a “neutral” rating in a report on Thursday, August 4th. Finally, Barclays PLC set a €96.00 ($103.23) price target on Bayerische Motoren Werke AG and gave the stock a “buy” rating in a report on Thursday, September 15th. Four equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have issued a buy rating to the company’s stock. Bayerische Motoren Werke AG has a consensus rating of “Hold” and a consensus price target of €85.02 ($91.42).
Bayerische Motoren Werke AG (ETR:BMW) opened at 82.197 on Tuesday. Bayerische Motoren Werke AG has a 52-week low of €63.42 and a 52-week high of €104.84. The firm’s 50-day moving average price is €78.68 and its 200-day moving average price is €75.37. The firm has a market cap of €53.99 billion and a P/E ratio of 7.801.
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Bayerische Motoren Werke AG Company Profile
Bayerische Motoren Werke AG is a German holding company and automobile manufacturer that focuses on the automobile and motorcycle markets. It divides its activities into the three main segments: Automobiles, Motorcycles and Financial Services. It owns three brands: BMW, MINI and Rolls-Royce. Its BMW automobile range encompasses the 1 Series, including three-door, five-door, coupe and convertible models; the 3 Series, including sedan, touring, coupe and convertible models; the 5 Series, available in sedan and touring models; the 6 Series, available as a coupe or convertible; the 7 Series large sedan; the Z4 roadster and coupe; the sports utility vehicles, X3, X5 and X6 and M models, such as M3, M5 and M6.
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